Podcast Center
Video Center
Webcasts
Resource Center
Events
June 05, 2009 at 08:00 PM
House members have introduced H.R. 2733, a bill that could reverse efforts by the U.S. Securities and Exchange Commission to claim jurisdiction over indexed annuities.
The bill would exempt indexed annuities and indexed insurance policies from regulation by the SEC.
The National Association for Fixed Annuities, Milwaukee, has been awaiting introduction of the bill for weeks, and it announced the arrival of the bill today in a member alert.
Reps. Greg Meeks, D-N.Y., and Tom Price, R-Ga., are the lead sponsors of the bill. They have lined up 20 cosponsors, according to the Library of Congress legislative tracking system.
